The Head of Alternatives & Private Markets Technology role is a pivotal leadership role within Global Technology Services. This senior leader is responsible for managing a wide range of strategy and execution activities for the business, including planning, execution and delivery of application and technology solutions in Hedge Fund Services and Private Markets which makes up the overall Alternative Investments landscape. This role requires a strategic thinker with proven success for also ensuring the implementation of risk, regulatory and compliance initiatives of the broader Global Technology Services (GTS) organization.

ONSITE: Due to the role requirements this job needs to be performed primarily in the office (NJ/MA).

What you will be responsible for

As Head of Alternatives & Private Markets Technology you will be:

• Refining and executing growth strategy for a substantial, market-leading offering through driving strategic and business development initiatives
• Driving strategic and operating planning processes in partnership with other leaders
• Identifying and developing relationships with clients and other third parties, and engaging c-suites of target clients
• Defining the development roadmap for the Alternative Investment Services and Private Markets program
• Overseeing end to end application development lifecycle including testing, deployment and L4 support
• Partnering with the business leadership to support the planned business growth and client onboarding
• Implementing application modernization strategy to transform legacy applications to modern scalable cloud-based solutions
• Building strong relationships with Product and Operations to understand their business requirements and deliver technology solutions.
• Communicating with senior executives on technology strategies and program status
• Establishing talent development strategies and foster a culture of innovation and accountability

What we value

These skills will help you succeed in this role:

• Deep expertise and proven track record in leading and delivering enterprise scale application development, tools and technologies
• Experience in Financial Services industry in the area of Alternative Investment Services and Private Markets required
• Proven experience in aligning the technology solutions with various complex business strategies and processes
• Experience leading large multifunctional application transformation workstreams delivering measurable outcomes and business value including risk reduction, resiliency, simplification, reduced total cost of ownership.
• Strong communication and collaboration skills with the ability drive alignment across diverse teams and stakeholders, both internal and external

Education & Preferred Qualifications

• Bachelor or Master’s degree in Computer Science, Information Technology or a related field
• 20+ years of experience in application development with at least 5 years in a senior leadership role
• Ability to manage a large team globally

Salary Range:

$225,000 - $337,500 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at State Street.com/careers

Read our CEO Statement:

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.